Abbey for Intermediaries has pulled the exclusive deals it had with its 27 key accounts. Brokers had until this morning to get applications in.
An Abbey spokesman says: “We have taken this move as a result of the high demand generated through our exclusives. But we firmly believe our mortgage products continue to offer value to brokers.”
The lender stresses that the policy of offering exclusives to key accounts has not been withdrawn permanently and it will review the situation again in the near future.